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The sales of 14 store branches and display area(in square feet) were obtained. The objective is to predict sales in terms of area of dispslay. Data were encoded into MS Excel. Output is shown below. REGRESSION STATISTICS Multiple R 0.954 R Square 0.910 Adjusted R square 0.902 Standard Error 936.85 Observations 14 Coefficients Standard t stat Error Intercept 901.25 513.02 1.76 Size 1.69 0.15 11.0 Predict the sales if the display area utilized for a month is 3,000 square feet. Group of answer choices A.P5,971.25 B. P33,001.76 C. P2,703,751.69

The sales of 14 store branches and display area(in square feet) were obtained. The objective is to predict sales in terms of area of dispslay. Data were encoded into MS Excel. Output is shown below. REGRESSION STATISTICS Multiple R 0.954 R Square 0.910 Adjusted R square 0.902 Standard Error 936.85 Observations 14 Coefficients Standard t stat Error Intercept 901.25 513.02 1.76 Size 1.69 0.15 11.0 Predict the sales if the display area utilized for a month is 3,000 square feet. Group of answer choices A.P5,971.25 B. P33,001.76 C. P2,703,751.69

Calculus For The Life Sciences
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.2: The Least Square Line
Problem 8E
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8 The sales of 14 store branches and display area(in square feet) were obtained. The objective is to predict sales in terms of area of dispslay. Data were encoded into MS Excel. Output is shown below. REGRESSION STATISTICS Multiple R 0.954 R Square 0.910 Adjusted R square 0.902 Standard Error 936.85 Observations 14 Coefficients Standard t stat Error Intercept 901.25 513.02 1.76 Size 1.69 0.15 11.0 Predict the sales if the display area utilized for a month is 3,000 square feet. Group of answer choices A.P5,971.25 B. P33,001.76 C. P2,703,751.69
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